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Susquehanna Fundamental Investments LLC Purchases New Stake in Cheniere Energy, Inc. (NYSE:LNG)

Cheniere Energy logo with Energy background

Susquehanna Fundamental Investments LLC purchased a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 43,328 shares of the energy company's stock, valued at approximately $9,310,000.

A number of other large investors have also added to or reduced their stakes in the business. Coldstream Capital Management Inc. increased its position in Cheniere Energy by 4.1% during the 4th quarter. Coldstream Capital Management Inc. now owns 2,522 shares of the energy company's stock worth $542,000 after buying an additional 99 shares during the period. Parallax Volatility Advisers L.P. increased its position in Cheniere Energy by 246.0% during the 4th quarter. Parallax Volatility Advisers L.P. now owns 32,889 shares of the energy company's stock worth $7,067,000 after buying an additional 23,384 shares during the period. Two Sigma Securities LLC increased its position in Cheniere Energy by 760.0% during the 4th quarter. Two Sigma Securities LLC now owns 2,580 shares of the energy company's stock worth $554,000 after buying an additional 2,280 shares during the period. Kovitz Investment Group Partners LLC increased its position in Cheniere Energy by 26.3% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 2,375 shares of the energy company's stock worth $510,000 after buying an additional 494 shares during the period. Finally, Integrated Wealth Concepts LLC increased its position in Cheniere Energy by 11.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 2,950 shares of the energy company's stock worth $634,000 after buying an additional 296 shares during the period. Institutional investors own 87.26% of the company's stock.

Insider Activity

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now directly owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.26% of the company's stock.

Analyst Upgrades and Downgrades

LNG has been the topic of several recent research reports. Mizuho increased their price objective on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Scotiabank reiterated an "outperform" rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Morgan Stanley raised their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Barclays raised their price target on Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Finally, Raymond James restated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday. Fifteen investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $245.15.

Read Our Latest Analysis on Cheniere Energy

Cheniere Energy Stock Performance

NYSE:LNG opened at $233.23 on Monday. The stock's 50-day simple moving average is $221.95 and its 200 day simple moving average is $216.70. The firm has a market capitalization of $51.97 billion, a PE ratio of 16.39 and a beta of 0.67. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. On average, analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's payout ratio is 14.05%.

Cheniere Energy Company Profile

(Free Report)

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.

Further Reading

Want to see what other hedge funds are holding LNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cheniere Energy, Inc. (NYSE:LNG - Free Report).

Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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